Internal Ref: B14422
Summary
This long established outdoor and sportswear Retail Fashion Business for Sale focuses on the top end of the market in the affluent Bayside area.
Revenue
$2,700,000 pa
Rent
$191,028 pa
Location Details
Main Street location
Lots of foot traffic
Surrounded by good supporting businesses
No real competition
Long established and solid customer base
Very presentable
Potential
Opportunity to expand the already established business.
Skills
7 Days; Monday-Friday: 9.30am – 5.30pm Saturday: 9.30am – 5pm Sunday: 11am – 5pm
Hours
7 Days; Monday-Friday: 9.30am – 5.30pm Saturday: 9.30am – 5pm Sunday: 11am – 5pm
Lease
3+3 commenced July 2021
Employees
1 PT owner; 9 casual staff members as needed.
Reason for Sale
Owner wishes to retire
About the Business
This long established outdoor and sportswear Retail Fashion Business for Sale focuses on the top end of the market in the affluent Bayside area.
The business carries a wide range of top end brands with good margins allowing for a solid profit.
It is an easy to run business as long-established suppliers and arrangements are already in place. All arrangements will be handed over to the suitable purchaser to ensure the smooth and profitable continuation of the business.
Located on one of the most sought-after strips in Melbourne, with lots of foot traffic and a large loyal customer base. This gem ensures a good stable income to the current owner of 42 years who is now looking to spend more time with his family.
The owner works no more than 30 hours per week in the business that is partly run under management and all staff members are well trained and experienced.
This thriving business offers good turnover and a solid rate of return, and it is ready for either a new owner operator or an investor who wants to be hands off.
Business Key Points:
- Turnover of around $2,7M PA
- Extremely profitable: Call agent for details
- Easy to run.
- Under Semi Management
- Loyal customer base
- Lots of foot Traffic
- One of the best locations in Melbourne
- Opportunity to grow.
Are you looking for a highly profitable business with a good rate of return on your investment that is also easy to run?
Then call Phil Booysen on 0429 006 921 RIGHT NOW, to find out more about this great opportunity.
Ref: B14422
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